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Building Ownership

There are those who believe in renting and those who believe in owning.  As a business owner, I fall into the owning category, or at least indirectly. I am currently working with a couple of clients who have been in business for decades and they wish they had...

Rental Space

There are those who believe that renting space makes more sense than purchasing business space. There are those who believe in renting because of the concept of flexibility.  If they need to grow, they will just move to a larger space.  If they need to contract, they...

Initial Business Space

When you start your business, the physical location of that business can get complicated. I know from experience. When I started my business, it was physically located in my basement.  It was impossible to see clients in my home.  For one I could not legally meet...

New Revenue Recognition Standards

The new Revenue Recognition standard establishes consistent principles (regardless of industry or geography) to report useful information about the nature, amount, timing, and uncertainty of revenue from contracts with customers. Public companies were required to...

New Lease Standard

The new lease standard went into effect earlier this year.  The idea behind the standard is to focus on increased transparency and comparability – providing financial statement users with more information about an entity’s leasing activities. From now on the lessee...

New slant on dating

Having been married over 30 years and with my wife for 35 years, so I have no idea what is involved with dating in this century and not a whole lot from the last. So, I was more than a little shocked on the statistic that more than 40% of adults say knowing someone’s...

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